2025-07-21T14:59:07-05:00 2024-12-31 390747409 REILLY PENNER & BENTON LLP 1233 NORTH MAYFAIR RD SUITE 302 MILWAUKEE WI 532263255 990 2024-01-01 830802129 YERKES FUTURE FOUNDATION INC YERK 2622455555 PO BOX 346 WILLIAMS BAY WI 53191 TOM NICKOLS BOARD CHAIR 2622455555 2025-07-10 1 1 KATHERINE HOFFMAN P01458876 4142717800 2024 2025-03-06 01:10:19Z DIANNA COLMAN PO BOX 346 WILLIAMS BAY WI 53191 5355214 0 X WWW.YERKESOBSERVATORY.ORG X 2018 WI YERKES OBSERVATORY ADVANCES HUMANKIND'S UNDERSTANDING OF THE UNIVERSE AND OUR PLACE WITHIN IT, IGNITING CURIOSITY, FACILITATING EXPLORATION AND NURTURING A DEEP SENSE OF CONNECTION WITH OUR PLANET AND EACH OTHER. 15 15 31 160 0 0 1399527 3703538 317890 434519 143989 191627 -84162 97635 1777244 4427319 0 0 0 0 1344712 1605484 0 0 418033 1581890 1331087 2926602 2936571 -1149358 1490748 14182665 15723931 104238 146553 14078427 15577378 YERKES OBSERVATORY ADVANCES HUMANKIND'S UNDERSTANDING OF THE UNIVERSE AND OUR PLACE WITHIN IT, IGNITING CURIOSITY, FACILITATING EXPLORATION AND NURTURING A DEEP SENSE OF CONNECTION WITH OUR PLANET AND EACH OTHER. 0 0 1035900 91845 YERKES OBSERVATORY ADVANCES HUMANKIND'S UNDERSTANDING OF THE UNIVERSE AND OUR PLACE WITHIN IT, IGNITING CURIOSITY, FACILITATING EXPLORATION AND NURTURING A DEEP SENSE OF CONNECTION WITH OUR PLANET AND EACH OTHER. WE DOUBLED THE OPPORTUNITIES FOR K-12 CLASSROOMS TO VISIT THE OBSERVATORY & HELD OUR FIRST EDUCATOR PROFESSIONAL DEVELOPMENT SESSIONS. WE STARTED THE EXPLORING THE NIGHT SKY TOURS WHICH ALLOWS MEMBERS OF THE PUBLIC TO OBSERVE THROUGH THE WORLD'S LARGEST REFRACTING TELESCOPE AND WE HELD FOUR OPEN HOUSE EVENTS THAT ALL SOLD OUT, WITH OUR LARGEST ONE DURING THE APRIL 2024 SOLAR ECLIPSE. 611670 25773 SCIENCE - IN 2024, WE HOSTED OUR SECOND UNDERGRADUATE SUMMER RESEARCH PROGRAM WHICH WELCOMED 3 STUDENTS FROM AROUND THE COUNTRY. WE ALSO WELCOMED ONE HIGH SCHOOL AND ONE MIDDLE SCHOOL INTERN TO WORK ON VARIOUS SCIENCE PROJECTS WITH STAFF. WE HIRED AN OBSERVING ASSISTANT AND A PROJECT SCIENTIST WHO HAS BEGUN MODIFICATIONS AND RESTORATION FOR THE 24 AND 41" REFLECTING TELESCOPES. WE ALSO HOSTED SEVERAL SUCCESSFUL AND PRODUCTIVE RESEARCH AND PROFESSIONAL WORKSHOPS AT YERKES OBSERVATORY, INCLUDING THE GALACTIC SCIENCE WITH THE NANCY GRACE ROMAN SPACE TELESCOPE WORKSHOP IN JUNE 2024. 381204 408747 TOURS - YERKES FUTURE FOUNDATION OFFERS TOURS AND EVENTS, ASTRONOMY PROGRAMS FOR ALL AGES, AND CULTURAL AND SCIENCE PROGRAMMING TO PROVIDE ENRICHMENT THAT CONNECTS SCIENCE, LANDSCAPE AND CULTURE IN ORDER TO PROVIDE EDUCATIONAL OPPORTUNITIES FOR THE PUBLIC. 2028774 1 1 0 1 0 0 0 1 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 21 0 1 31 1 0 0 0 0 0 0 0 0 0 0 0 0 X 15 15 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 WI X X PEG POLLITT 2623741978 PO BOX 346 WILLIAMS BAY WI 53191 DIANNA COLMAN CHAIRMAN 2.00 X X 0 0 0 TOM NICKOLS VICE CHAIRMAN 2.00 X X 0 0 0 FRANK BONIFACIC SECRETARY 2.00 X X 0 0 0 WILLIAM BROWNELL TREASURER 2.00 X X 0 0 0 JOSEPH MADONIA DIRECTOR 2.00 X 0 0 0 DANA HAGENAH DIRECTOR 2.00 X 0 0 0 PETER STROTHMAN DIRECTOR 2.00 X 0 0 0 KATE LEWIS DIRECTOR 2.00 X 0 0 0 JEFF GERMANOTTA DIRECTOR 2.00 X 0 0 0 ROBIN CULBERTSON DIRECTOR 2.00 X 0 0 0 CHARLES EBELING DIRECTOR 2.00 X 0 0 0 AIMEE TANKING DIRECTOR 2.00 X 0 0 0 MARY KILMER DIRECTOR 2.00 X 0 0 0 MICHAEL KEEFE DIRECTOR 2.00 X 0 0 0 AARON RANKIN DIRECTOR 2.00 X 0 0 0 DAVID KRAUSE DIRECTOR 2.00 X 0 0 0 JULIE BRANDT DIRECTOR 2.00 X 0 0 0 DENNIS KOIS EXECUTIVE DIRECTOR 40.00 X 232939 0 10931 AMANDA BAUER KEY EMPLOYEE 40.00 X 191110 0 38329 424049 0 49260 2 0 1 0 SCATHAIN LLC 422 S 4TH ST MILWAUKEE WI 53204 RENOVATION COSTS 112500 1 68080 3635458 858281 3703538 TOUR REVENUE 561520 434519 434519 434519 192007 192007 35710 0 35710 35710 35710 870741 871121 -380 -380 -380 112910 56774 56136 56136 MISCELLANEOUS REVENUE 900099 5789 5789 5789 4427319 526365 0 197416 X 473309 235210 119049 119050 830861 620742 87277 122842 105186 105186 95476 19426 37993 38057 100652 67097 15365 18190 10250 10250 3150 3150 1693 1693 351877 222987 75154 53736 111192 111192 76708 57426 12626 6656 48496 21304 17493 9699 40942 32754 8188 37093 17741 7339 12013 8304 1661 1661 4982 269850 269850 31726 11344 20382 BUILDING MAINTENANCE 155335 103950 51385 TOUR TICKETING AND OTHE 69104 69104 GROUNDS MAINTENANCE 66813 45694 21119 FUNDRAISING SUPPLIES 31242 31242 17312 14413 1333 1566 2936571 2028774 489764 418033 3093530 5273811 1545037 989576 131769 86513 59884 32031 36424 40162 9481307 585944 8942765 8895363 134315 148559 238941 257916 14182665 15723931 86218 127087 18020 19466 104238 146553 X 10882015 10664008 3196412 4913370 14078427 15577378 14182665 15723931 1490748 8203 0 X X 0 1 X 1 0 X 4207055 3968511 4578484 1399528 3703538 17857116 3145 8900 213672 701695 547429 1474841 4210200 3977411 4792156 2101223 4250967 19331957 330000 252106 730135 185626 1259555 2757422 0 330000 252106 730135 185626 1259555 2757422 16574535 1726 4557 15 171791 227337 405426 1726 4557 15 171791 227337 405426 3650 9298 8483 5789 27220 4211926 3985618 4801469 2281497 4484093 19764603 0.83860 0.88860 0.02050 0.01150 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 1 3150 0 0 3150 0 PART II-B, LINE 1: DIRECT CONTACT WAS MADE WITH MEMBERS OF THE STATE LEGISLATURE AND THEIR STAFF TO DISCUSS THE CREATION OF AN EDUCATIONAL GRANT PROGRAM FOR K-12 SCIENCE TEACHERS. THESE COMMUNICATIONS ALSO INCLUDED THE DEPARTMENT OF PUBLIC INSTRUCTION WHICH WOULD OVERSEE THE GRANT PROGRAM. X X X 0 123726 13428 11735 1693 123726 123726 14766 13614 1152 123726 123726 8 8 123726 1.00000 0 0 2000000 2000000 6463954 343454 6120500 482183 121855 360328 535170 120635 414535 8895363 X 4479454 8203 45625 53828 4425626 1693 1693 4427319 2980503 45625 45625 2934878 1693 1693 2936571 PART III, LINE 1A: THE ORGANIZATION HAS ELECTED NOT TO DEPRECIATE ITS ART COLLECTION IN ACCORDANCE WITH ACCOUNTING STANDARDS CODIFICATION (ASC) 958-360, PROPERTY, PLANT, AND EQUIPMENT. ASC 958-360 PERMITS NOT-FOR-PROFIT ENTITIES TO AVOID DEPRECIATION FOR COLLECTIONS OF WORKS OF ART IF CERTAIN CONDITIONS ARE MET. THE ORGANIZATION'S POLICY IS TO MAINTAIN ITS COLLECTION IN PERPETUITY, AND AS SUCH, THE USEFUL LIVES OF THESE ASSETS ARE CONSIDERED TO BE INDEFINITE. THE ART COLLECTION IS SUBJECT TO REGULAR MAINTENANCE AND RESTORATION TO PRESERVE ITS VALUE, AND, AS A RESULT, NO DEPRECIATION EXPENSE HAS BEEN RECORDED. THE COLLECTION CONSISTS OF A PIECE OF ART ACQUIRED DURING THE YEAR ENDED DECEMBER 31, 2023. IT IS THE ORGANIZATION'S INTENT TO ACQUIRE MORE PIECES OF ART FOR ITS COLLECTION IN THE FUTURE. IT IS ALSO THE ORGANIZATION'S BELIEF THAT THE ART COLLECTION IS HELD FOR THE PURPOSE OF EXHIBITION, EDUCATION AND FURTHER RESEARCH OF ITS MISSION. THE COLLECTION IS VALUED BASED ON HISTORICAL ACQUISITION COSTS, WHICH ARE $126,308 AS OF DECEMBER 31, 2023. THE TOTAL COST OF THE COLLECTION INCLUDES PURCHASE PRICES AND RELATED COSTS INCURRED DURING ACQUISITION, SUCH AS TRANSPORTATION AND INSTALLATION. THE ORGANIZATION PERIODICALLY ASSESSES THE COLLECTION FOR ANY SIGNIFICANT CHANGES IN VALUE. ANY REVALUATION WILL BE DISCLOSED IN THE FINANCIAL STATEMENTS IF MATERIAL. IT IS THE POLICY OF THE ORGANIZATION THAT SHOULD THEY SELL COLLECTION OBJECTS, ANY FINANCIAL PROCEEDS REALIZED SHALL BE USED SOLELY FOR THE ACQUISITION OF NEW COLLECTION ITEMS AND/OR THE DIRECT CARE OF EXISTING COLLECTIONS PART III, LINE 4: THE OBSERVATORY HOLDS COLLECTIONS REQUIRED FOR ONGOING CONTEMPORARY ASTRONOMY RESEARCH BY ASTROPHYSICISTS AND ACADEMICS, RELATING TO THE HISTORY OF THE OBSERVATORY AND SCIENCE USED TO INTERPRET THE OBSERVATORY AND ASTRONOMY FOR THE GENERAL PUBLIC, AND OF AESTHETIC INTEREST FOR THE ENGAGEMENT OF THE GENERAL PUBLIC IN UNDERSTANDING SCIENCE, SCIENTIFIC PROCESS, ASTRONOMY AND THE LANDSCAPE. ALL OF THESE ACTIVITIES FURTHER OUR MISSION. PART V, LINE 4: TO FURTHER THE ORGANIZATION'S MISSION. PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE U.S. INTERNAL REVENUE CODE. THE ORGANIZATION IS NOT CONSIDERED A PRIVATE FOUNDATION BY THE INTERNAL REVENUE SERVICE. THE ORGANIZATION DOES NOT CONSIDER ANY OF ITS SUPPORT AND REVENUES TO BE UNRELATED BUSINESS INCOME AND, ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN PROVIDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE ORGANIZATION HAS IMPLEMENTED ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES IN ACCORDANCE WITH U.S. GAAP. THIS STANDARD DESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN AND ALSO PROVIDES GUIDANCE ON VARIOUS RELATED MATTERS SUCH AS DERECOGNIZING, INTEREST, PENALTIES AND DISCLOSURES REQUIRED. MANAGEMENT OF THE ORGANIZATION EVALUATES THE UNCERTAIN TAX POSITIONS TAKEN, IF ANY, AND CONSULTS WITH OUTSIDE COUNSEL AS DEEMED NECESSARY. THE ORGANIZATION RECOGNIZES INTEREST AND PENALTIES, IF ANY, RELATED TO UNRECOGNIZED TAX LIABILITIES IN INCOME TAX EXPENSE. IN MANAGEMENT'S OPINION, THE ORGANIZATION HAS NOT TAKEN ANY UNCERTAIN TAX POSITIONS AND, ACCORDINGLY, HAS NOT REPORTED A CORRESPONDING LIABILITY IN THE ORGANIZATION'S FINANCIAL STATEMENTS. X X X X 0 0 0 0 0 0 0 0 0 DENNIS KOIS EXECUTIVE DIRECTOR 221292 0 8500 0 3147 0 5666 0 5265 0 243870 0 0 0 AMANDA BAUER KEY EMPLOYEE 187395 0 2750 0 965 0 11868 0 26461 0 229439 0 0 0 X 2 856321 NASDQ TRADE VALUE X SUPPLIES 3 1960 FAIR MARKET VALUE 0 0 0 PART I, COLUMN (B): THE ORGANIZATION TRACKS AND REPORTS THE ACTUAL NUMBER OF CONTRIBUTIONS RECEIVED. FORM 990, PART VI, SECTION B, LINE 11B EACH BOARD MEMBER IS PROVIDED WITH A COPY OF THE FORM 990 AT A BOARD MEETING FOR REVIEW AND APPROVAL. FORM 990, PART VI, SECTION B, LINE 12C CONFLICTS ARE REVIEWED REGULARLY BY BOARD AND STAFF IF CIRCUMSTANCES CHANGE. FORM 990, PART VI, SECTION B, LINE 15A THE COMPENSATION OF THE ORGANIZATION'S OFFICER WAS DETERMINED USING ANALYSIS OBTAINED FROM INDEPENDENT CONSULTATION AND BOARD MEMBERS, AND INCLUDED ANALYZING THE COMPENSATIONS OF OFFICERS IN THE SAME POSITION AT OTHER ORGANIZATIONS THAT OPERATE SIMILARLY. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST FORM 990, PART IX, LINE 11G OUTSIDE CONTRACT SERVICES: PROGRAM SERVICE EXPENSES 222,987. MANAGEMENT AND GENERAL EXPENSES 75,154. FUNDRAISING EXPENSES 44,363. TOTAL EXPENSES 342,504. OUTSIDE CONSULTANT SERVICES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 9,373. TOTAL EXPENSES 9,373. FORM 990, PART XII, LINE 2C: THE BOARD OF DIRECTORS ASSUMES OVERSIGHT RESPONSIBILITY FOR THE ANNUAL AUDIT AND RESPONSIBILITY FOR THE SELECTION OF AN INDEPENDENT AUDITOR.